Office Properties Income Trust (NASDAQ:OPI) Updates Q1 2025 Earnings Guidance
On Friday morning, Office Properties Income Trust (NASDAQ:OPI) provided an important update regarding its earnings guidance for the first quarter of 2025. The company revealed its expectations for earnings per share (EPS) for the upcoming period, setting the guidance between $0.080 and $0.100.
Recent Stock Performance of Office Properties Income Trust
In trading on Friday, the shares of Office Properties Income Trust experienced a slight decline of 5.5%, dropping by $0.05 to reach a price of $0.91. The trading volume for the day was 665,648 shares, which exceeded the average volume of 476,222 shares. Over the past fifty days, the stock has maintained a moving average of $1.03, while its two-hundred day average stands at $1.63. The company currently holds a market capitalization of approximately $50.80 million and has a price-to-earnings (PE) ratio of -2.02. Additionally, Office Properties Income Trust has a beta of 1.25, which indicates some volatility in its stock price compared to the market. The company’s debt-to-equity ratio is recorded at 1.82, with both the current ratio and quick ratio at 1.89. Over the past year, the stock has reached a low of $0.86 and a high of $4.03.
Previous Earnings Results
In its last quarterly earnings report released on February 13th, Office Properties Income Trust reported earnings per share of $0.36, which surpassed analysts' expectations that projected a loss of $0.61 by $0.97. Despite this positive earnings report, the company also reported a negative net margin of 4.75% and a negative return on equity of 1.92%, indicating challenges in profitability.
Dividend Announcement
Additionally, the company announced a quarterly dividend that is scheduled to be paid on February 20th. Shareholders who are on record as of January 27th will receive a dividend payment of $0.01 per share, amounting to an annualized dividend of $0.04. This dividend results in a yield of 4.39%. The ex-dividend date is also set for January 27th, and the current dividend payout ratio for Office Properties Income Trust stands at -8.89%.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust (REIT) that specializes in owning, operating, and leasing office buildings. The company is directed towards providing office spaces to single tenants as well as multi-tenant buildings. Founded in 2009, its headquarters are located in Newton, Massachusetts.
Conclusion
In summary, the recent update from Office Properties Income Trust regarding its Q1 2025 earnings guidance is an essential aspect of the company's ongoing financial narrative. Investors will closely watch the coming results along with the performance of the company’s stock as further developments unfold.
earnings, guidance, stock